Oil and Gas This Week

Mark and Paige record live at the opening of W Energy’s new office in Houston, Texas.

Equinor Meets Gas Supply Commitment Despite Platform Shutdown

https://oilprice.com/Latest-Energy-News/World-News/Equinor-Meets-Gas-Supply-Commitment-Despite-Platform-Shutdown.html

Harbour Energy Joins North Sea Oil Exodus Ahead Of Tax Hikes

https://oilprice.com/Latest-Energy-News/World-News/Harbour-Energy-Joins-North-Sea-Oil-Exodus-Ahead-Of-Tax-Hikes.html

Shell Buys US Power Plant for Foothold in New England Market

https://oilprice.com/Latest-Energy-News/World-News/Shell-Buys-US-Power-Plant-for-Foothold-in-New-England-Market.html

U.S. Tightens Grip on Russia’s LNG Exports

https://oilprice.com/Latest-Energy-News/World-News/US-Tightens-Grip-on-Russias-LNG-Exports.html

API Says It Welcomes Court Decision Averting Gulf of Mexico Shutdown

https://www.rigzone.com/news/api_says_it_welcomes_court_decision_averting_gulf_of_mexico_shutdown-23-oct-2024-178519-article

Taiwan Military Warns on LNG Vulnerability After PLA Drills

https://www.rigzone.com/news/wire/taiwan_military_warns_on_lng_vulnerability_after_pla_drills-23-oct-2024-178516-article

Equinor Switches Off Sleipner Production Platform after Detecting Smoke

https://www.rigzone.com/news/wire/equinor_switches_off_sleipner_production_platform_after_detecting_smoke-23-oct-2024-178512-article

Nabors Announces Deal to Acquire Parker Wellbore

https://www.rigzone.com/news/nabors_announces_deal_to_acquire_parker_wellbore-17-oct-2024-178460-article

Four new petroleum liquids pipelines have been completed in the U.S. since 2023

https://www.bicmagazine.com/industry/pipelines/four-new-petroleum-liquids-pipelines-have-been-completed-since-2023

Siemens files lawsuit in Texas against Citgo Petroleum parent

https://www.bicmagazine.com/industry/regulations/siemens-files-lawsuit-in-texas-against-citgo-petroleum-parent

Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery

https://www.bicmagazine.com/industry/refining-petrochem/phillips-66-provides-notice-of-its-plan-to-cease-operations-los-angeles-refinery

Full-Blown Scandal’: Biden-Harris Admin Hid Documents To Justify Fossil Fuel Crackdown, Oversight Committee Says

https://freebeacon.com/biden-harris-administration/full-blown-scandal-biden-harris-admin-hid-documents-to-justify-fossil-fuel-crackdown-oversight-committee-says/

Brought to you on OGGN, the largest and most listened to podcast network for the oil and energy industry.

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OGTW Live

Hours-long toxic gas leak at Pemex oil refinery near Houston far exceeded legal limit

https://www.reuters.com/business/energy/pemexs-deer-park-oil-refinery-scales-back-operations-after-fatal-accident-2024-10-12

U.S. crude oil falls below $71 per barrel, continuing sell-off

https://www.cnbc.com/2024/10/16/crude-oil-prices-today.html

Kinaxis Announces Deal to Transform Energy Sector Supply Chains

https://www.businesswire.com/news/home/20241014131696/en/Kinaxis-Announces-Deal-to-Transform-Energy-Sector-Supply-Chains

Harris Energy Policies Under Fire in Crucial Swing State

https://oilprice.com/Energy/Natural-Gas/Harris-Energy-Policies-Under-Fire-in-Crucial-Swing-State.html

Tensions Rise as Ukraine Ends Russian Gas Transit Agreement

https://oilprice.com/Energy/Natural-Gas/Tensions-Rise-as-Ukraine-Ends-Russian-Gas-Transit-Agreement.html

CO2 pipeline plan axed by ExxonMobil

https://www.aol.com/news/co2-pipeline-plan-axed-exxonmobil-183900757.html

Microsoft deal signals booming demand from data centers to power AI 

https://www.reuters.com/business/energy/us-utilities-signal-booming-demand-data-centers-ai-takes-root-2024-08-12

Exxon Granted Largest USA Offshore Carbon Storage Site in Texas

https://www.rigzone.com/news/wire/exxon_granted_largest_usa_offshore_carbon_storage_site_in_texas-10-oct-2024-178381-article

Leadership Transition at Murphy Oil as Hambly Takes Over

https://www.rigzone.com/news/leadership_transition_at_murphy_oil_as_hambly_takes_over-06-oct-2024-178310-article

Enbridge, Microsoft to Use AI for Enhanced Safety, Emissions Reduction and Asset Optimization

https://www.bicmagazine.com/departments/hse/enbridge-microsoft-to-use-ai-for-enhanced-safety-emissions-reduction-asset-optimization

Vertex Energy Announces Successful Startup of Mobile Refinery Hydrocracker

https://www.bicmagazine.com/industry/refining-petrochem/vertex-energy-announces-successful-startup-of-mobile-refinery-hydrocracker

U.S. natural Gas-Fired Electricity Generation Set New Daily Records in Summer 2024

https://www.bicmagazine.com/industry/powergen/us-natural-gas-fired-electricity-generation-set-new-daily-records-summer-2024

Energy Transfer’s #300M Lawsuit Could Bankrupt Greenpeace USA

https://www.msn.com/en-ca/money/topstories/energy-transfer-s-300m-lawsuit-could-bankrupt-greenpeace-usa/ar-AA1qxyG4

Brought to you on OGGN, the largest and most listened to podcast network for the oil and energy industry.

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U.S. dockworkers strike, halting half the nation’s ocean shipping

https://www.bicmagazine.com/departments/lift-transport/us-dockworkers-strike-halting-half-the-nations-ocean-shipping

SLB, ADNOC Drilling Form JV for UAE Unconventional O&G

https://www.rigzone.com/news/slb_adnoc_drilling_form_jv_for_uae_unconventional_og-01-oct-2024-178269-article

Big US oil companies reveal massive payments to foreign governments

https://www.reuters.com/business/energy/big-us-oil-companies-reveal-massive-payments-foreign-governments-2024-09-30

Explosive-Packed Drone Boat Slams Into Oil Tanker in Red Sea

https://www.rigzone.com/news/wire/explosivepacked_drone_boat_slams_into_oil_tanker_in_red_sea-01-oct-2024-178268-article

Crude oil spikes 4% on fears Iran preparing to directly attack Israel

https://www.cnbc.com/2024/10/01/crude-oil-prices-today.html

ConocoPhillips CEO Calls for U.S. to End ‘Crazy’ LNG Permit Pause

https://pgjonline.com/news/2024/september/conocophillips-ceo-calls-for-us-to-end-crazy-lng-permit-pause

Spotlight on Permian: Pipeline Activity Still Pushing Toward Texas-Louisiana Border

https://pgjonline.com/magazine/2024/august-2024-vol-251-no-8/features/spotlight-on-permian-pipeline-activity-still-pushing-toward-texas-louisiana-border

Chevron, SLB: Competitors become collaborators as innovation accelerates

https://www.bicmagazine.com/industry/refining-petrochem/chevron-slb-competitors-become-collaborators-innovation-accelerates

ExxonMobil’s hydrogen project addresses impact of scale

https://www.bicmagazine.com/industry/refining-petrochem/exxonmobils-hydrogen-project-addresses-impact-scale

The chemical industry’s game-changing contributions to athletics

https://www.bicmagazine.com/departments/hse/chemical-industrys-game-changing-contributions-athletics

Nurturing psychological safety while upholding accountability

https://www.bicmagazine.com/departments/hse/nurturing-psychological-safety-upholding-accountability

Soup thrown at Vincent van Gogh paintings hours after Just Stop Oil protesters jailed

https://news.sky.com/story/just-stop-oil-activists-jailed-for-throwing-tomato-soup-over-van-goghs-sunflowers-13223010

Brought to you on OGGN, the largest and most listened to podcast network for the oil and energy industry.

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We recorded this episode live from an active drill site, which is the first time it’s ever been done in the history of podcasting! Mark and Paige answer your questions live in the field from Prairie Operating’s Shelduck South Facility in Weld County, Colorado. 

Episode Links

https://www.prairieopco.com

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Recorded live at the National Association of Land and Title Analysts Conference in Houston, Texas.

Marathon Oil Shareholders Approve Megadeal Conoco Acquisition

https://oilprice.com/Latest-Energy-News/World-News/Marathon-Oil-Shareholders-Approve-Megadeal-Conoco-Acquisition.html

Qatar Reportedly Eyeing Stake in Germany’s Trapped Russian Refinery

https://oilprice.com/Latest-Energy-News/World-News/Qatar-Reportedly-Eyeing-Stake-in-Germanys-Trapped-Russian-Refinery.html

UK Plans New Environmental Guidance for North Sea Oil and Gas Firms

https://oilprice.com/Latest-Energy-News/World-News/UK-Plans-New-Environmental-Guidance-for-North-Sea-Oil-and-Gas-Firms.html

Shutdowns at Libya’s Oilfields Continue

https://oilprice.com/Latest-Energy-News/World-News/Shutdowns-at-Libyas-Oilfields-Continue.html

Attacked Oil Tanker Represents Significant Environmental Threat

https://www.rigzone.com/news/attacked_oil_tanker_represents_significant_environmental_threat-28-aug-2024-177912-article

Inpex Says Won New Exploration Block Offshore Australia

https://www.rigzone.com/news/inpex_says_won_new_exploration_block_offshore_australia-22-aug-2024-177846-article

United Oil Shoots Down Rumors of Oil Discovery in Jamaica

https://www.rigzone.com/news/united_oil_shoots_down_rumors_of_oil_discovery_in_jamaica-27-aug-2024-177901-article

Halliburton Aware of Issue Affecting Certain Company Systems

https://www.rigzone.com/news/halliburton_aware_of_issue_affecting_certain_company_systems-26-aug-2024-177888-article

Chevron to pay $550 million settlement to Richmond, California

https://www.bicmagazine.com/industry/regulations/chevron-to-pay-550-million-settlement-to-richmond-california

Shell to sell Sinco pipeline system and Colex terminal to Edgewater Midstream

https://www.bicmagazine.com/industry/investment-banking/shell-to-sell-sinco-pipeline-system-and-colex-terminal-to-edgewater-midstream

Phillips 66 Seeks to Raise $1.8 Billion in Debt Instrument Sale

https://www.rigzone.com/news/wire/phillips_66_seeks_to_raise_18_billion_in_debt_instrument_sale-12-sep-2024-178084-article

Scotland’s Only Oil Refinery Set to Close in 2025

https://oilprice.com/Latest-Energy-News/World-News/Scotlands-Only-Oil-Refinery-Set-to-Close-in-2025.html

Check out our newly relaunched podcast The Balance Point https://podcasts.apple.com/us/podcast/the-balance-point-with-mark-lacour/id1635822135

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Ukrainian Suspected of Nord Stream Involvement Flees Poland

https://www.bnnbloomberg.ca/investing/2024/08/14/ukrainian-suspected-of-nord-stream-involvement-flees-poland

US drillers cut oil and gas rigs for second time in three weeks

https://www.reuters.com/business/energy/us-drillers-cut-oil-gas-rigs-second-time-three-weeks-baker-hughes–2024-08-16

China’s gasoline exports fall 35.7% in July as profit margins weaken

https://www.reuters.com/markets/commodities/chinas-gasoline-exports-fall-357-july-profit-margins-weaken-2024-08-18

Autry Stephens, Endeavor Energy founder and richest U.S. oilman, dies at 86

https://worldoil.com/news/2024/8/16/breaking-news-autry-stephens-endeavor-energy-founder-and-richest-u-s-oilman-dies-at-86

U.S. presidential candidate Kamala Harris’ fracing flip-flop haunts her in oil-rich Pennsylvania

https://worldoil.com/news/2024/8/14/u-s-presidential-candidate-kamala-harris-fracing-flip-flop-haunts-her-in-oil-rich-pennsylvania

Subsea sector spending to exceed $42 billion by 2027, Rystad Energy reports

https://worldoil.com/news/2024/8/13/subsea-sector-spending-to-exceed-42-billion-by-2027-rystad-energy-reports

EIA: initial cargo of LNG ships from Mexico

https://www.hydrocarbonengineering.com/gas-processing/16082024/eia-initial-cargo-of-lng-ships-from-mexico

8 Rivers and Siemens Energy partner on development programme of carbon capture power generation

https://www.hydrocarbonengineering.com/the-environment/13082024/8-rivers-and-siemens-energy-partner-on-development-programme-of-carbon-capture-power-generation

First significant U.S refinery in 50 years to be built in Texas

https://www.bicmagazine.com/projects-expansions/downstream/texas-to-have-newest-refinery-build-in-50-years

Canada’s crude oil has an increasingly significant role in U.S. refineries

https://www.bicmagazine.com/industry/refining-petrochem/canadas-crude-oil-has-an-increasingly-significant-role-in-us-refineries

Industry partnership advances methane reductions through collaboration and innovation

https://www.hydrocarbonengineering.com/refining/15082024/industry-partnership-advances-methane-reductions-through-collaboration-and-innovation

Just Stop Oil protests rack up huge bill – and it’s Taxpayers being forced to pay

https://www.gbnews.com/news/just-stop-oil-extinction-rebellion-protests-cost-taxpayers

Brought to you on OGGN, the largest and most listened to podcast network for the oil and energy industry.

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Chevron moving headquarters to Texas

https://www.reuters.com/business/energy/chevron-reshuffles-top-ranks-moving-headquarters-texas-2024-08-02

PSP announces $10 million donation toward new CTE center

Contact Dr. Scott Muri, Superintendent

[email protected]

Israel, Mideast Markets Fall on Iran Threat, Global Stock Plunge

https://www.rigzone.com/news/wire/israel_mideast_markets_fall_on_iran_threat_global_stock_plunge-05-aug-2024-177644-article

Oil Prices Continue to Climb as Wall Street Braces for Showdown with Iran

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Continue-to-Climb-as-Wall-Street-Braces-for-Showdown-with-Iran.html

EPA Audits Potential Fraud in U.S. Biofuels Supply Chain

https://oilprice.com/Latest-Energy-News/World-News/EPA-Audits-Potential-Fraud-in-US-Biofuels-Supply-Chain.html

U.S. Appeals Court Vacates FERC Authorization for Rio Grande LNG

https://oilprice.com/Latest-Energy-News/World-News/US-Appeals-Court-Vacates-FERC-Authorization-for-Rio-Grande-LNG.html

U.S. To Purchase More Oil for SPR While Prices Are Low

https://oilprice.com/Latest-Energy-News/World-News/US-To-Purchase-More-Oil-for-SPR-While-Prices-Are-Low.html

Maersk Ship Order Shows Change in View on LNG as Marine Fuel

https://www.rigzone.com/news/wire/maersk_ship_order_shows_change_in_view_on_lng_as_marine_fuel-07-aug-2024-177669-article

World’s Deepest Offshore Oil Well Planned for Colombia This Year

https://www.rigzone.com/news/wire/worlds_deepest_offshore_oil_well_planned_for_colombia_this_year-01-aug-2024-177601-article

Just Stop Oil protesters jailed

https://www.bbc.com/news/articles/c880xjx54mpo

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Brought to you on OGGN, the largest and most listened to podcast network for the oil and energy industry.

Don’t forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.

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Jason Duff fills in for Paige.

BSEE Reveals Hurricane Beryl’s Production Platform Impact

https://www.rigzone.com/news/bsee_reveals_hurricane_beryls_production_platform_impact-10-jul-2024-177353-article

UK Energy Dept Confirms Oil and Gas Licensing Stance to Rigzone

https://www.rigzone.com/news/uk_energy_dept_confirms_oil_and_gas_licensing_stance_to_rigzone-15-jul-2024-177397-article

Energy Transfer Closes Acquisition of WTG Midstream

https://finance.yahoo.com/news/energy-transfer-closes-acquisition-wtg-220000609.html

Four Unexplored Indian Basins May Hold More Oil Than The Permian

https://oilprice.com/Energy/Crude-Oil/Four-Unexplored-Indian-Basins-May-Hold-More-Oil-Than-The-Permian.html

India Increases Windfall Tax on Crude Oil

https://oilprice.com/Energy/Crude-Oil/India-Increases-Windfall-Tax-on-Crude-Oil.html

$15B Claim for Keystone XL Rejected

https://oilprice.com/Latest-Energy-News/World-News/15B-Claim-for-Keystone-XL-Rejected.html

Biden administration considers expanding Alaskan oil and gas drilling ban

https://www.worldoil.com/news/2024/7/16/biden-administration-considers-expanding-alaskan-oil-and-gas-drilling-ban

$22.5 billion ConocoPhillps-Marathon Oil merger potentially delayed following second FTC request

https://www.worldoil.com/news/2024/7/15/22-5-billion-conocophillps-marathon-oil-merger-potentially-delayed-following-second-ftc-request

DOE awards contracts for sale of Northeast Gasoline Supply Reserve

https://www.bicmagazine.com/industry/commodities/doe-awards-contracts-for-sale-of-northeast-gasoline-supply-reserve

The Dramatic Fall of Mexico’s Oil Giant

https://oilprice.com/Energy/Crude-Oil/The-Dramatic-Fall-of-Mexicos-Oil-Giant.html

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Mark and Paige record live from the 2nd Annual Empower Alberta Energy Pre Stampede Industry Mixer in Calgary, Alberta, Canada .

https://oilprice.com/Energy/Crude-Oil/The-Top-7-Oil-Companies-by-Proved-Reserves.html

Canada Is Considering Imposing Tariffs on Chinese EVs

https://oilprice.com/Latest-Energy-News/World-News/Canada-Is-Considering-Imposing-Tariffs-on-Chinese-EVs.html

Oil Climbed on Geopolitical Risks and Weaker Dollar

https://www.rigzone.com/news/wire/oil_climbed_on_geopolitical_risks_and_weaker_dollar-24-jun-2024-177194-article

Pipeline Giant Enbridge Partners with First Nations for Wind Project in Canada

https://oilprice.com/Latest-Energy-News/World-News/Pipeline-Giant-Enbridge-Partners-With-First-Nations-for-Wind-Project-in-Canada.html

DOJ Hits PetroChina with Fine for U.S. Export Law Violation

https://oilprice.com/Latest-Energy-News/World-News/DoJ-Hits-PetroChina-With-Fine-for-US-Export-Law-Violation.html

Finland’s Energy Firm Gasum to Halt Russian LNG Imports amid EU Sanctions

https://oilprice.com/Latest-Energy-News/World-News/Finlands-Energy-Firm-Gasum-to-Halt-Russian-LNG-Imports-amid-EU-Sanctions.html

U.S. crude imports touch two-year high despite lukewarm demand

https://www.reuters.com/markets/commodities/us-crude-imports-touch-two-year-high-despite-lukewarm-demand-2024-06-26

Lufthansa to raise fares as environmental costs increase

https://www.hydrocarbonprocessing.com/news/2024/06/lufthansa-to-raise-fares-as-environmental-costs-increase

A mountain of asset sales loom after oil megamerger era

https://www.reuters.com/markets/deals/mountain-asset-sales-loom-after-oil-megamerger-era-2024-06-26

We Need to Speak Up to Support Industry

https://www.bicmagazine.com/industry/refining-petrochem/need-speak-support-industry

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